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's likely to move us forward. >> if the three of us were to accept as many of us are that the lack of jobs and economic dysfunction is a result of our structure, this is not something you wade out. this is something you have to days and deal with. we have a broken structure. why, peter, do you think our government appears to unwilling to accept the need to deal with it and still have this, we'll just wait this one out attitude? >> the big financial houses have infiltrated the treasury department. the only difference is that we've got from the sixth floor to seventh floor at goldman sachs back down to the sixth floor. they're getting bonuses as big as ever. they're doing municipal workouts that are going to lead to trouble. with regard to china, i know glenn doesn't agree, but we have to do something fundamental about the trade deficit with china if we're going to have enough to mend for what americans make so we can get out of this recession. >> glenn, do you agree that there appears to be at the least, an aspect of denial when it comes to policy action from our government? >> i think it's
>>> good afternoon. today, let's make an arm's deal. the u.s. unveiling a massive ar deal with our friends, the saudis, the same folks who brought you fund -- what is this deal really about and why do we perpetuate this relationship the way we do. plus, the president hing a frank, unscripted, casual chat with some real life, regular people. while cameras role, reporters package the whole thing for ooefg news. did the president talk about any real idea to address them? reality tv sells better. why working mothers get a raw deal from corporate america. the show startright now. well, the u.s. struck its largest arms deal ever and it's with a country we know, fun our enemies and may be our enemy. we learned today the white house will offer a $60 billion ariel arsonal to saudi arabia. 70 apache helicopters, 72 blackhawks and three dozen litt for sale to the saudis. also, talk of supplying the kingdom with tens of billions more in naval defense upgrade. the sale reportedly aimed at shoring up relations with key arab allies in the middle east, namely saudi arabia. the country that routine
point? jack rice is with us from the cia right after this. ♪ [ male announcer ] at ge capital, we're out there every day with clients like jetblue -- financing their fleet, sharing our expertise, and working with people who are changing the face of business in america. after 25 years in the aviation business, i kind of feel like if you're not having fun at what you do, then you've got the wrong job. my landing was better than yours. no, it wasn't. yes, it was. was not. yes, it was. what do you think? take one of the big ones out? nah. i but i justve my 5 employcan't afford it.ance, i have diabetes. i didn't miss a premium payment for 10 years. and i'm worried if i lose my job, i won't be able to afford insurance. when i graduated from college, i lost my health insurance. the minute i got sick, i lost my insurance. not anymore. not anymore. not anymore. america's healthcare reforms change lives for the better. to find out how it can help you, visit us at americasfairhealthcare.org it's not just fair, it's the law. no, that's the name of the new oreo cookie. what's the name of the new oreo
us to an america that functioned on dare i say it, capitalism as opposed to banks gambling with their money, keep the bonuses for themselves. from wall street's canyons from the capitol, there's plenty of reason to celebrate. chris dodd patted himself on the back today for a job well done. >> put an end to too bag big to fail bailouts and to which executives felt free to gamble with people's money. >> i don't understand how you can have four banks control 60% of all assets, not reform fannie and freddie, leave the ratings agencies still working for the banks and say things like that. i guess they figure americans are so stupid that you can lie boldly to them as long as you have the appearance of a senator. a government that's content to keep printing money. om 10% is done by retail investors. computers trading funny money for everybody else's debtriment. the capital trades back and forth between banksters -- you get the point. chris dodd thinks we're a bunch of morons. i can't explain it. we normally don't like to plug movies on this show, but the one we're about to show yo
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